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KCSMMHZ
Jan 22, 2013 6:00am PST
% inflation target. it's included in the boj plan with the government. it's part of abe's plan to tackle deflation with bolder, monetary easing measures. bank of japan governor and eight other board members agreed on a policy at the end of a two-day meeting. the announcement says financial authorities will try to reach the target at their earliest possible time. boj officials have previously made it a goal to bring 1% inflation within reach but the new, clearer target requires some bold steps. the document also addresses the role of the government in revitalizing japan's economy. it describes how politicians should promote growth and restore fiscal health. along with drafting the joint statement, boj officials have agreed to introduce open-ended asset purchasing. under a new program from january 2014 the central bank will purchase a certain amount of financial assets every month. no termination date is being set for the scheme. the new measure will expand the total size of the asset purchase program, or app, by about 10 trillion yen, or $110 billion, in 2014. the program is expected to b
WHUT
Jan 22, 2013 7:30am EST
steps. the document also addresses the role of the government in revitalizing japan's economy. it describes how politicians should promote growth and restore fiscal health. along with drafting the joint statement, boj officials have agreed to introduce open-ended asset purchasing. under a new program from january 2014 the central bank will purchase a certain amount of financial assets every month. no termination date is being set for the scheme. the new measure will expand the total size of the asset purchase program, or app, by about 10 trillion yen, or $110 billion, in 2014. the program is expected to be maintained in the future. following the meeting prime minister and revital minister reported on the release of the joint statement to prime minister abe at his office. >> translator: the government strongly hopes the bank of japan will a monetary easing policy in order to achieve the goal. >> translator: the bank of japan believes it is important to realize sustainable growth by overcoming deflation at an early stage and achieving price stability. it is vital to strengthen o
LINKTV
Jan 27, 2013 5:30am PST
of the government. troops had been sent in to the city on saturday to quell the unrest. these are live pictures we're looking at now. this began earlier, 21 people sentenced to death for their role in a riot last february between supporters of riot foot -- of rival football teams. this friday is the second anniversary of the revolution, this was the scene where security forces fired tear grip -- tear gas early on sunday. demonstrators fired through a police station on saturday in a port city. the government has portrayed the revolution on sunday morning where anti-government protesters went up against them for a third day. mike is in cairo for us. let's start here. last time we talked about several cities being a tinderbox. we have laid out the story. the national defense council, meant to discuss the security situation in the country. what can out of that meeting? >> it was made clear that the events in egypt at the moment will fall under the control of the national defense council. this is a body composed of government ministers and representatives from both houses of parliament, as well as mili
LINKTV
Jan 24, 2013 5:30am PST
with the government. the group has been weakened by french, malian, an african union attacks. rebels have abandoned rocket attacks. the residents say they used them as human shields. u.s. president barack obama says he will put general john allen ford for the top nato job. tuesday he was cleared of misconduct over a series of emails he sent to a woman in florida. the accusations were made during the sex scandal that forced his former boss, general david petraeus, to resign as cia director. the u.s. defense secretary is poised to lift the ban on women serving in combat. it will open hundreds of thousands of frontline positions to females. officially, this is a major change, but on the ground, women are already involved in combat. >> since the founding of the country, it has been a core u.s. belief only straight men should fight in combat. under the obama administration, the prohibition on being openly gay was lifted. now, with little fanfare, the last restriction -- keeping women on the sidelines will be thrown out thursday. within a year, women who serve in the military -- they make up 14% of the f
PBS
Jan 22, 2013 7:00pm PST
benjamin netanyahu has already claimed victory. but exit polls suggest he'll be governing with a weaker mandate. the polls indicate that a right-wing bloc led by netanyahu's likud party will remain the largest camp in parliament. but it lost ground to an alliance of center-left parties. >> translator: thank you for giving me the chance to lead israel for the third time. our biggest challenge remains preventing iran from acquiring a nuclear weapon. >> centrist party yesh atid is likely to become the second largest parliamentary force. the center-left labor party is projected to come third. the ultranationalist habayi habayit hayudi looks to secure its number of seats. the party opposes peace talks with palestinians. centrist parties have performed better than expected. some voters may have been worried by the country's tilt to the right. netanyahu is expected to begin negotiations with other parties to form a coalition. but it won't be easy. the gap between the two blocs will be narrow. >>> japanese researchers have refashioned some of the building blocks of the human body. they used cel
LINKTV
Jan 21, 2013 7:00pm PST
on rebels from the north. the government extended the state of emergency for three months as it waits for support from african troops in what could be a long conflict. there is a warning that the situation is likely to get much worse. more on that in a moment. jackie reports from monaco. >> the town -- from mali. >> after a week of heavy fighting, the rebels cleared on sunday, leaving the way for troops to take the town. >> i look all around us. we must search and search some more. there may be still a few pockets of indian resistance. >> theophylline fell into it -- theopoli fell into rebel hands. french troops were fulfilling the goals set by their president. >> our objective was to stop the terrorist offensive. malianto allow bucknthye army to win back, and they would allow it to get back territorial integrity. we know that will take more time. >> those african troops have been arriving slowly over the past few days. at the moment they can be counted in the hundreds, but they aim is to have several thousand to take over ground operations from the french. >> everyone is in agreement
LINKTV
Jan 27, 2013 11:00pm PST
shan't for more see to step down. -- chant for morsi to step down. our guest says the government should have been prepared. >> we should not have been at this stage. the needless deaths were unnecessary, and the government was largely responsible for that. everyone knows tensions were incredibly high a in anticipation of the verdict for the 2012 february rampage that left 70 people dead, and there were major protests in cairo on thursday by the supporters of the opposition team, so clearly the government should have been prepared for what occurred on saturday, and they were not, and that is criminally negligent, so we should not have high and deaths occur the day, and we should not have been the state we are in now, which is a state of emergency. i am skeptical there is going to be meaningful dialogue taking place. what many people have come to the conclusion that the calls for dialogue have been less than fully is sincere. it is not clear what kind of inclusion would take place as a measure of the -- as a result of sie dialogue, so mr. mor has lost credibility. it is worth when separat
CSPAN
Jan 28, 2013 12:00pm EST
government actually reacted quite favorably and also responded to our demand with a change, a certain change in their policies. i must admit that i looked with a certain degree of concern at japan right now. for europe, too, it's going to be important, um, that the big injection of liquidity that was given into the markets for the sake of the banks is siphoned off again. but i think the ecb is, actually, here a very positive force. they're playing a very positive role, and they will see to it that one refrains from the policy of manipulation and that, um, one pursues a policy that actually reflects the situation as it is that everyone is doing it as is the ecb. i think we would have less problems all over the world, but that's about the extent of my comment. [speaking german] >> translator: since you've touched upon central banks, what exactly are the objectives of central banks? we have the federal reserve that has set itself an additional objective, we've seen the more recent developments in japan. what did you think about the independence? you touched upon it, alluded to it. maybe you cou
FOX News
Jan 22, 2013 9:00pm PST
to draw balance. he's a man of the progressive side. he tried to draw a balance between a government ruled by a mob. then, talked about the government we won, which is infrom a structure, education, regulation, then recognize government can't solve all of the problems. i thought that is reaching out, to the tea party right rejectionists. >> we saw in pennsylvania there is so much of the willingness to rig the election. they know they're heading into trouble and it's almost like lebanon. you know? and when i see them doing it, we're never going to be popular again so, we're going to have to rig it so gettysburg address, obama. republicans are going to have to steal elections? that is how bad nbc has gotten that. is their coverage. >> a couple points about this quote, unquote news network. on the gettysburg address, chris matthews has it exactly wrong. just the opposite. gettiesberg address was an attempt at healing the nation's wounds at the end of the civil war. obama's speech, yesterday, was a left wing declaration of war against conservative movement. so it was the opposite. as for the r
CNBC
Jan 22, 2013 4:00am EST
at all. i think this was an exercise in showing that the government and the bank of japan, the central bank are on the same page. they certainly delivered that. i think the fact that it's an open-ended asset purchase program, it was more than what the markets had been factoring in. i think the dollar/yen moves are sort of moving independently right now. and i think a lot of that has to do with the comments that we had from government saying, oh, we're not trying to manipulate the currency, which throws into question this competitive devaluation story they were banking on. instead of being explicit about that over the last couple of weeks, now they're going to have to be a little bit more implicit about that. but the man of the hour, mr. shiraka shirakawa, the bank of japan, here is what he had to say. >> translator: japan believes growth is important. we teamed up with the dwoft to strengthen our policies and work on this goal together as one. >> let's take a look at the technicals about this 2% inflation target. because at the same time today, the bank of japan is saying the price of
PBS
Jan 22, 2013 6:30pm PST
meeting had ministers from both governments working on, proposals to deepen the economic and military union. >> she says the proposals are about a deeper cooperation in economic policy with the goal a social security, employment, nd financials. >> the spirit of cooperation was exactly what the treaty of friendship was all about. >> here is a look back. >> the idyllic village near the border region has a special place in european history. and is the birthplace of the franco-german friendship. after two world wars, if you believe such a thing was possible. the unthinkable did happen. they did not have much in common. both catholic and a conservative. >> what was surprising is that the first contact in 1958 did not take place in the palace but at his private the state in a comfortable family surroundings. they spent the whole weekend of their. he treated him like a guest of the family. he did not stay in a hotel. >> he was the only politician to have been given that privilege. any mistrust between the two men evaporated. >> their relationship led to the declaration of a musical about. th
LINKTV
Jan 23, 2013 5:30am PST
cards to work with to form a government here. one of his deputies, the deputy prime minister, frankly admitted that, in fact, they could have lost the young voters in this election and that is the main reason why they are now down a quarter from the total of the seats that they had in the outgoing. >> north korea is promising to strengthen its nuclear program after a new round of u.n. sanctions. this victory council unanimously passed a resolution in response to rocket launch -- the security council unanimously passed a resolution in response to the rocket launch in december. >> the draft resolution has been adopted unanimously. as resolution 27, 2013. >> as resolution 2087, 2013. >> the security council condemned what it described as a missilemelissposted technology and warned that for the consequences. >> today's resolution makes clear that, if north korea chooses again to defy the international community, such as by conducting of the and -- conducting another launch for a nuclear test, then the council will take significant action. >> the difference was the near- minute response fr
LINKTV
Jan 27, 2013 2:00pm PST
different parts of the city, the military camp guarded government buildings. protesters attacked a police station and torched the club. military helicopters have been hovering as this situation here remains tense. the violence has left the part of the city looking like a ghost town with people huddled in their homes fearing more deaths. go to the conflict in mali now where a conflict by french and mali and forces against islamic forces are making significant gains. the french and mali and troops have reached timbuktu. they reclaimed a strategically important town in the northeast. the fight to regain total control continues elsewhere. there have been french air strikes in one town. african leaders have been told their response to the crisis in mali has been too slow. the head of the african union chairman made the comments as the opening of the body summit in ethiopia. >> a stinging criticism of african leaders came from no less a figure that african union boss of the outgoing chairman, president of the need. he told delegates the deployment of peacekeepers had taken far too long. >> how
WHUT
Jan 23, 2013 7:00am EST
coalition government after benjamin netanyahu failed to win an outcry majority in tuesday's general election. the alliance ended the day with fewer seats in parliament, losing around one quarter, but remaining the largest group. the centrist party was the surprise of the night. katya? >> benjamin netanyahu certainly got a bloody nose in those elections yesterday, his pre- election slogan, strong leader for strong israel, rings rather hollow. clearly many israelis did not like his leadership style, many felt he was too arrogant and out of touch and they shouted loudly for change. that will what impact the domestic policy. one out of four people in this country are living in poverty. it will also affect how they move forward on the crisis around the iranian nuclear program and the israeli palestinian crisis, whether they will move towards restarting long stalled peace talks. you can see the signal -- the city walls behind me there. the political makeup of the future coalition government will impact them and how it moves on those policies. there is a lot of wheeling and dealing that has been go
KTLN
Jan 22, 2013 9:00pm PST
that the cross actually represents the christian faith. which the government, for some reason, seems to feel that is not so. >> reporter: so what are the people of london saying about chaplain's case? >> i think people should be allowed to express their religious views. it didn't hurt anyone, so it should be allowed. >> i think it is cruel if she loses her job. >> it is their own religious belief. no one has any right or power to tell them about their religious belief. >> reporter: two other cases were rejected by the european courts, including relationship counsellor gary mcfarland, and he was sacked for saying he may not be comfortable given counsel to homosexual couples. >> i think the disappointment will come if people do not look at this judgment and recognize this could affect you in whatever sphere of ployment yo employment you are in. >> reporter: and andrea williams says they won't be giving up on this cases. >> i will not cease, we will not cease, until justice is done. >> reporter: many believers remain deeply concerned that the european court's ruling mean these freedoms remain i
WETA
Jan 25, 2013 8:30pm EST
. and it was a speech that does represent his overall view of governing. >> colby, a to f? >> strong b, not on eloquence, but in terms of laying out his agenda and what he wants to accomplish. historic in a way as well because he is the first president to use the word "gay" in an inaugural address, and it indicates where the country is now. he laid down a marker for this, talking about equality. he covered a whole lot of ground for a lot of people. >> establishing my grading system at the outset, i give a's to lincoln's second, roosevelt's first and second, and kennedy's only. i would give obama a b, maybe b +. he was far more surefooted than he has in the past. since november 6, he has shown a far clearer sense of what he wants to do, and i think this was a communitarian address, a lot more than the individuals and we have heard in recent past. >> charles? >> i will but the tide of great inflation that has inflicted the panel. if you are a liberal, this was an a +, a declaration of a liberal future, declaration that the 30 years of conservative ascendancy that began with ronald reagan, which he stayed
FOX News
Jan 22, 2013 1:00pm PST
one, meaning 61 to form a government. mr. netanyahu in his usual groups of friends got many less than they were expected to. the exit polls put them at 61 seats, which makes you a very weak prime minister. now begins the horse trading, over the next coming week, we will see mr. netanyahu make a lot of tough choices. he promised the nationalistic party he won't make a peace deal with the palestinians, that loses the center left. does he promise the religious parties that he won't make members of the ultrareligious go to the military? that will hurt him with the center left who, want tax cuts and the help to the religious go down. when you have a narrow margin as a prime minister, historically, here, it means you are wake and not able to do anything significant in the knesset and we will be back to early elections, mr. netanyahu had had a very stable government. but like the united states, neil, israel is rocked by some severe economic problems here. there was a $10 billion budget deficit that was much more than expected. that has become a big issue. the rising cost of living here has b
FOX Business
Jan 22, 2013 11:00am EST
changing the laws left and right. >> they want the government to take care of people. >> we use to get rabbit and some other things. stuart: your honor, my child excluded from the cafeteria. poisoned and school. give me a million dollars. >> all i grew up with was peanut butter and jelly sandwiches and school. >> peanut butter and jelly is the best sand -- sandwich. stuart: i was surprised. >> they owe you money. sue them. stuart: dagen and, oh, it is yours. dagen: on american. connell: i love peanut butter, myself. good morning, everybody. dagen: what will the president do to get america back to work. connell: president obama was unable to talk these guys. more importantly, can we keep this up? dagen: a key to a better economy. keys to your house, a new house hopefully. connell: let's talk about the markets. nicole petallides starts us off as she does each day with stocks now. nicole: taking a look at a market that really has shown strength over the last seven of the past nine weeks. the dow trading as high as 13,682 prior to pulling back here into negative territory. we are seeing mu
FOX News
Jan 22, 2013 6:00pm PST
of the progressive side and tried to draw a bound between the government ruled by elite and ruled by a mob and he talked about the government that we won which is infrastructure, education, regulation and the good things and recognize the government can't solve all the problems, i thought that was a reaching out, if you will, a shout to the tea party right that's rejectionist. >> as we saw in pennsylvania, and professional that morning there's so much of this willingness to win the election by the republicans, they know they're headed into trouble. many like lebanon, take the fences down. okay, we're never going to be popular again so we're going to have to rig it. >> sean: so it's the gettysburg address, obama. republicans are going to have to steal elections. that's how bad nbc's gotten, that's the coverage. >> a couple of points about this quote, unquote news network and this quote, unquote newsman. on the gettysburg address, chris mathews has it it exactly wrong. he has the opposite. the gettysburg address was an attempt at healing of nation' wounds at the end of the civil war. obama's speech
PBS
Jan 21, 2013 6:30pm PST
to the chancellor's conservative government. >> it shows the social democrats and greens grabbing power with one seat majority over the christian democrats and free democrats. it is not a mandate but it is an alarm for federal elections later this year. >> it was a neck and neck race but it was a loss in sunday's regional election. she hoped her conservatives to gain momentum in the run up to the federal election but the propping up her coalition partners cost her party value political capital. the national election involve every man fighting for himself and his own votes. maybe that is the lesson. we don't need to be so worried that the liberal democrats will be removed from parliament. the liberal democrats polled unexpectedly well in sunday's election. there had been calls for his resignation but now he will lead the call he will be our nominee for this year's federal election, he will be our face or the brains of our campaign. as party head he will lead the team that is part of successful campaign. the central democrats say they have all of the ingredients for a successful campaign and chal
PBS
Jan 27, 2013 6:00pm PST
. the crowd had a blast. it was a speech that does represent his overall view of governing. >> colby, a to f? >> strong b, not so much on the eloquence, but on laying out his agenda and what he wants to accomplish. historic in a way as well. he is the first president to use the word "gay" in an inaugural address, and i think that is where the country is heading. he laid down a marker for this when he talked abut equality. >> mark? >> establishing my grading system at the outset, i give a's second,ln, roosevelt's and kennedy paused only. i would give obama a b, a bb- plus. he was far more surefooted than had been in the past. since the member 6 he has shown a far clearer sense of what he wants to do. i think this was a communitarian address, a lot more than the individualism and we have heard in recent past. >> charles? >> i will buck the tide of grade inflation that has infected the panel. if you are a liberal, this was an a plus, a declaration of a liberal future. declaration that 30 years of conservative ascendancy that began with a ragged's inaugural where he stated in a minute and a half
LINKTV
Jan 21, 2013 2:00pm PST
government. >> it shows the social democrats and greens grabbing power with one seat majority over the christian democrats and free democrats. it is not a mandate but it is an alarm for federal elections later this year. >> it was a neck and neck race but it was a loss in sunday's regional election. she hoped her conservatives to gain momentum in the run up to the federal election but the propping up her coalition partners cost her party value political capital. the national election involve every man fighting for himself and his own votes. maybe that is the lesson. we don't need to be so worried that the liberal democrats will be removed from parliament. the liberal democrats polled unexpectedly well in sunday's election. there had been calls for his resignation but now he will lead the call he will be our nominee for this year's federal election, he will be our face or the brains of our campaign. as party head he will lead the team that is part of any successful campaign. the central democrats say they have all of the ingredients for a successful campaign and challenged his base
FOX Business
Jan 25, 2013 4:00pm EST
.c. beltway and was pretty adamant the fiscal cliff was not armageddon and our government is becoming less dysfunctional. you got get the worries in the rear view mirror and people look what is going well. housing recovery is real. auto situation is strong. david: let me hold you on housing for a second, jeff. we had a pullback on prices. we had a tremendous run-up in 2012 in the price of housing. were you worried at all on the prices today? >> not really because if you drill down into the numbers, beneath the surface numbers are really not all that bad. i'm here in real estate central in st. petersburg, clear water, tampa, the housing recovery is real. you're seeing spec homes built and they're trading hands. sandra: get to your individual picks. there are certain stocks you like. you tend to favor the cyclical sectors. i'm seeing names like hewlett-packard, intel, mosaic, general motors to. tell us about your picks. >> those are the last four we put on. we're basically set up with cyclical companies that range from things like general motors, hewlett-packard, intel and technology, techno
FOX News
Jan 22, 2013 6:00am PST
yesterday with one reference to the deficit. if no debt limit is reached, however, the government could default on its obligations within weeks so watch that story. martha: well, this is an interesting one. pro golfer, phil mickelson, doing a little bit of backpedaling today saying he regrets the public comments he made on the issue of his taxes in california. mickelson said he may move out when he made the original comments, of the state, because all taxes combined end up to more than 60% tax rate. now he is telling fox news contributor jim gray, quote, finances and taxes are a personal matter and i should not have made a opinions of, on them public. i apologize to those who i have upset or insulted and i assure you i intend not to let it happen again. why would he feel the need to do that? stuart varney, joins me, anchor of "varney & company" on the fox business network. stuart, this is an interesting one. >> it really is. the left beat up on phil mickelson big-time because he complained about all the tax money he has now got to pay. specifically you had, basically the left is saying
CSPAN
Jan 26, 2013 12:00pm EST
government as. and they are just as powerful relative to the state as tallis to france and maybe even more so yet only in america would we have a state oil company that lives in opposition to the state in which it resides. shrek stiller sent recently told scouting magazine that his favorite book is that this charge by i'm rant. that is a sort of touchstone for libertarians. it is an attitude of sort of skepticism, let's say generously toward the government that is peculiar. the equivalent company in france or italy or even in britain would be -- with have all gone to the same universities as the president of the united states. it would be buddies. it would be an interlocking sense of world youth and maybe even if they would work arm and arm with the french government abroad in order to secure the interest and so forth. but, you know, this country, we are skeptical of our government. and the last irony, we are also skeptical of concentrated power. so here, an institution with enormous concentrated power of his chief executive reads a book that is basically about the dangers of concentrated pow
CSPAN
Jan 28, 2013 5:00pm EST
of the individuals and from the strength of civil society and not the government, which is what obama leaves -- believes is the objection of connectivity. if all of that is true, which i think it is, then i think four more years on the course of drift, on the course of expanding the government at the expense of the private sector will have results that will be unmistakable and there will be a shift away from it which makes me rather optimistic about the future in the medium term though i'm not that optimistic about the short term. >> let's delve into more of the causes of it, the election result, and this may be a false choice, but to what extent do you think the outcome had to do with romney's weaknesses as an anecdote and how much had to do with the content he was trying to sell and perhaps the staleness of it, how much was just circumstances, the economy wasn't bad enough to fire obama and the republican party, its brand was still being dragged down with the association through the financial crisis in iraq and sundry other leftovers of the bush years? >> i think the clearest way to look a
CSPAN
Jan 27, 2013 12:00am EST
national energy policy then the federal government is, and they're just as powerful relative to the state as tal is so france and even more. so only in america would we have a state oil company that lives in opposition to the state in which it resides. rex tillerson recently told scouting magazine his favorite book is atlas shrugged by ayn rand, and it suggests an attitude of skepticism toward the government that is peculiar. now, a company in france or italy or britain would be -- would have all again to the same universities as the president of the united states, they would be buddies and a locking sense of world view and maybe even,s they would work arm in arm with the french government abroad in order to secure they're -- their interests, but this country, we're skeptical of our government, and the irony is we're also skeptical of concentrated power. so exxonmobil is an institution with enormous concentrated power. the chief executive reads a book that is basically about the dangers of concentrated power and celebrates it. so we're a funny country. >> host: one of the things that came
PBS
Jan 24, 2013 6:30pm PST
called on france and the malian government to end their offensive to open the way for talks. the conflict has been going on for a year now. the situation is complex with a tuareg rebellion, an army coup, and an islamist uprising. and many are hoping that the french-led intervention will end the crisis. we met members of the community living here in berlin. and she goes to work, just another winter day in berlin, but her thoughts are with her relatives some 4,000 kilometers away. her family had to flee the north of the country. she talks to them on the phone almost every day. >> i think that if it was not for french intervention, the islamists would be in the capital. i could sense the relief when i spoke to my family on the phone. they were living in incredible fear until the french arrived. it was really bad. >> marcel experienced this terror on the ground. he was visiting timbuktu in early 2012 with the islamists arrived. >> these four or five days that i spent there after the coup -- that was the worst time. also in terms of my personal experiences with people. and then, there's what r
CNBC
Jan 21, 2013 4:00am EST
of the european ones are under pressure by the government. but the problem is, if you look at issues in the u.s., they're just so low. there's no ability to cut in the long-term. how do you push through entitlement reform and address those issues, especially if there's no market pressure right now? >> my sense is that you don't. i don't understand how that can be achieved and, therefore, i suppose what i struggle with is what solution can the government find? the bank of japan, if you monetize the debt in a low inflationary environment, is this a free lunch? >> right. >> in the uk, it has turned out to be a free lunch. would it in japan? possibly, yes, and, therefore, i wonder if these issues ever will be addressed. >> and what's so interesting, you're seeing these bizarre rates happening in a monetary policy. we feel like we're in a whole new regime where people feel like it doesn't matter at all. wondering if it matters at all how much you spend and borrow in these situations. how does it change, if at all your strategy from here? >> it makes having a long-term strategy really, really tough
FOX Business
Jan 24, 2013 1:00pm EST
government workers like teachers, firefighters, public administrators. time now for lou dobbs. >> one hates to lose the public administrators and one wonders how the nation will be administered without them. it is an interesting story. it is counter to conventional views and expectations of most people. we have been watching the battles at the national labor relations board. we know that the president has stacked it with his allies and em baa stairs to the marketplace, and there is this expectation that the powerful organization fl-cio, the service employees union, the teachers unions are just growing and growing, which they had been until last year. we started to see the impact of those local cuts in budgets. this government, this administration, pumped, as you recall in the stimulus package, hundreds of billions of dollars into the hiring of what had been traditionally union jobs, teachers, police, you name it. that's over. what we are seeing now is the market place begins to work. now, as we look at how dramatic these reductions are, basically 6.5% membership in the private sector tells
CNBC
Jan 23, 2013 6:00am EST
last night. plus, the world economic forum, the most powerful names in business and government gathering in davos, switzerland. wednesday, january 23, 2013. and "squawk box" begins right now. ♪ >>> welcome to "squawk box" on cnbc, i'm becky quick with ross westgate. andrew is reporting from switzerland. that's why we've got the mountain music. we'll get to andrew in a moment. first, the top stories. the common theme here quarterly results, shares of google getting a boost. earnings and revenue topping consensus and perhaps more important metrics, revenue from google's core internet business. it outpaced many analysts' expectations. advertising rates fell less than in proves periods. as you see, the stock was up -- this morning up almost 5% in the premarket. ibm shares jumping after the bell. earnings and revenue beating the street, as well. the world's largest technology services company offering a better than expected outlook for 2013. that stock, as you see, up by 4% in the premarket. also, we had advanced microdevices. it came in with a smaller than expected loss in the fo
MSNBC
Jan 25, 2013 3:00am PST
's gun-control proposals. while the government has come out against the plan, the numbers are pretty stark. 53% are favorable. 41%, unfavorable. more interesting as you go into the poll, the favorables are much more intense than the unfavorables. which means that we've heard for some time, richard wolffe, you know, the gun owners are so intense, and they're the ones that are going to always make phone calls and they're the ones that are always going to be engaged. in this poll and i'm sure we'll see it in other polls, a majority of americans are more intense about passing some sane gun regulation than are those small groups of people that are going to fight the political death over assault weapons and being able to have high-capacity magazines. >> a couple of things. first of all, if you break down the individual proposals, the support is even higher, right? universal background checks, you get way higher than 50%. and those numbers reflect the president's own favorability right now which says this is the moment when he can actually push this through because his own numbers are so hi
CNN
Jan 27, 2013 7:00am PST
and one head of government. we'll see them in coming weeks. this week one king and one prime minister. we'll start with the king of jordan, abdullah ii. his nation sits in turmoil between syria, egypt, iraq and saudi arabia. despite some protests, jordan hasn't had its own arab spring. everyone was watching the parliamentary elections this week. will they satisfy protesters or inflame them? we'll get the king's reaction. then, the prime minister of r h russia dmitry medvedev. some call it a new cold war. who's to blame and will russia help in syria? we'll discuss it all. >>> also, the algerian hostage crisis that left dozens dead. is this a sign of a grave, new terror threat? i'll tell you my view. >>> but, first, here's my take. every year at davos people like me try to get a sense of the mood of the place. take the temperature of people in this frosty mountain resort. obviously, i will give you a highly impressionistic and personal picture, but one i find useful since davod does bring together leaders and government, business and media and even the ngo community from all corners of the
CSPAN
Jan 24, 2013 9:00am EST
relative to how successful the government in afghanistan can be without significant american presence. it is difficult enough in iraq, pretty much inside the perimeter and along of factions fighting in afghanistan. looks to me about the tenfold magnitude of what could potentially happen with the u.s. reduction in presence. i have always said afghanistan is not just about afghanistan. it is also about pakistan. the picture being painted here is a significantly less presence of u.s. involvement in that region with all the consequences that can come from that. >> we are going to try to bring it around here. i should have said when you do enter your question, ask for the microphone and stand and identify yourself and keep your question short. if we have time we will get back to you. >> please identify yourself. >> one of the things -- jack james from the american institute of german studies. i want to ask about europe and whether or not you think there's enough support coming from europe to deal with those issues. we just talked about it. germany as you well know, and britain, have been g
Current
Jan 23, 2013 6:00am PST
response from the state department. the libyan government. so i saw firsthand what ambassador pickering and former chairman mullen called "timely and exceptional coordination." no delays in decision-making no denials of support from washington or from our military and i want to echo the review board's praise for the valor and courage of our people on the ground especially the security professionals in benghazi and tripoli. the board said the response saved american lives in real time and it did. the very next morning, i told the american people that heavily-armed militants assaulted our compound. and i vowed to bring them to justice. and i stood with president obama in the rose garden as he spoke of an act of terror. it's also important to recall that in that same period, we were seeing violent attacks on our embassies in cairo tunis khartoum as well as large protests outside many other posts where thousands of our diplomats served. >> she's doing good! >> i ordered a review around the world with particular scrutiny for high-threat posts. i asked the department of defense to join intera
CSPAN
Jan 27, 2013 2:00pm EST
, he taught at mit, was always concerned that one day the high amount of government debt in japan would catch up to it. notwithstanding that over 90% of it is held by japanese. and, of course, now it's 235% of gdp, the largest of any developed country in the world. and this is something that has to be taken into account as these stimulus programs are pushed ahead, because it's something that japan has got to deal with sooner rather than later. it's sort of like us with our spending problem here. so i think what are we looking at worldwide? i've mentioned the three largest economies in the world. i have not mentioned china because i've been talking about developed economies. but i think we're looking to the emerging markets, 2013, to be very much a driver. and we have a new leadership in china, shi jinping will come in as premier. they will take these posts formally in the march, and i'm optimistic based on my knowledge of these two things -- individuals, and i think what you're going to see there is they're going to open up the economy in the financial be sector. i think they'll be free
CBS
Jan 27, 2013 8:00am EST
and that government spending cuts are going to be required for tax increases. you voted for the tax measure that we just saw. in part because you thought it was better than the alternative that it made permit innocent tax cuts that you wanted. what's the way to do this and is defense still going to be something that's on the table for cuts if you're going to avoid further tax increases and still reduce government spending? >> well, i think it -- defense is vulnerable. i would put it that way. whether sequestration gets turned off with other substituted savings, or whatever happens, we're going to see at best flat defense budgets i think as far as the eye can see. so that puts a burden on those of us in congress on those committees as well as the pentagon to figure out how we get more out of the money we spend already on defense. i think that's the great challenge going ahead. it's defense reforms so that we get more out of what we spend. >> and the department has been trying to cut into defense reform. what are some of the other things you'd like to see to get more for each dollar spent on defense?
CNBC
Jan 23, 2013 4:00am EST
2008 has lent or raised $7 trillion-plus for people. all around the world, including governments, schools, cities, hospitals, small businesses, large -- that's our job. we try to do it very well. the whale mistake up there -- no customers, wasn't venal. terrible mistake, if you're a shareholder, i apologize deeply. we did have record results, life goes on. >> when i came to the industry, i was under no illusion that the industry didn't have its issues. they need to be fixed. and what we tried to do at ubs is two things. first, i think banks need a new strategy. and we embarked on a bold new strategy for ubs. the right strategy. at the same time we need to deal with the legacy. to get on top of the issues, you need to get to the bottom of things. for us, a settlement of libor was an important step in going in that direction. these things need to be on the table. taxpayers want to know about it. and transparency simply has to be there. when we found this issue going on in the bank, we completely made contact and complied with the regulators. we had a very good interaction with regu
CNBC
Jan 24, 2013 4:00am EST
. there's pressure, of course, and governments are bringing in pressure to bring drug price down. where is the balance between the two? because, you know, we want cheaper drugs that provide for patients, but what does that do for you? >> you want, of course, affo affordable drugs, but on the other hand, we need new, good drugs because there is so much on the medical need. there are still so many diseases that are not supposedly treated. plus, science its made so much progress even in the last decade that there is an opportunity to come out with better drugs. and the simple message is the pharmaceutical industry understands that there has to be a certain control on the costs that cannot bring out of control. but on the other side, if you want to continue to have new drugs, we need to get, you know, rewarded for innovation. and this is a dilemma and not really all that is well understood by government. >> drought, very low yield from around the world. >> if value is good news, it's driving people to look for things that are going to help the world. what's the outlook for that? >> well, yo
CNBC
Jan 25, 2013 4:00am EST
to the govern of the bank of italy about this, as well, this morning. he was saying, look, we didn't drop the ball over derivative trade. this is -- he said we shouldn't have any concerns about the stability of this particular bank. >> the situation was known and under careful consideration for a long time. as a matter of fact, we have been pulling the liquidity conditions of the bank and in the eba analysis and the need for further capitalization, we clearly doubt that there was a need of further capitalization and the bank was not able to provide -- and then the issue of the loan. so this is the process that we are considering. >> all right. that's governor of the bank of italy. also, coming up on today's program, mario draghi is speaking here in davos in around about 20 minutes. don't go anywhere. >>> coming up from davos, in the meantime, though, i want to give you a check on market action on this friday as we basically wrap up, get close to wrapping up the month of january. the stoxx europe 600 is looking up about 0.2%. it's mostly advancers. about a three to two ratio against declin
CSPAN
Jan 24, 2013 10:00am EST
that like many departments throughout government has numbers of challenges. we saw systemic issues that need to be addressed and they're in the process of being addressed right now. our nation has budgetary constraints which means that in all of these departments creativity is going to have to be utilized to make sure we make the most of what we have in making sure that our u.s. interests are put forth. we have a world that is a dangerous world, and things continue to come over the area. sometimes at surprising times. i know as secretary of state, you are going to have to lead our country in addressing those as they come about. i do hope that you'll work closely with this committee, as you've work very closely with this committee over the last many years, in helping us work with you to make sure that as we move ahead we move ahead together and that it's seamless. we have many challenges, and i know on monday president obama said that america will remain the anchor of strong challenges in every corner of the globe. we will renew those institutions that extend our capacity to manage crises abr
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